Every marriage and divorce is different. There are no hard and fast rules regarding division of assets on divorce. When dividing assets the Court, and solicitors will take account of various factors when advising their clients. These are known as Section 25 factors (Section 25 of the Matrimonial Causes Act 1973). These factors are: Income …
If your relationship ends, property may be divided between you and your partner by: agreement using a family dispute resolution service to help reach agreement going to court. Even if you are able to reach a property settlement without going to court, it’s a good idea to get legal help before you start negotiating, and again before …
How property and debts are divided when you get divorced. Questions How do we distinguish between community and non-community property? Who gets to stay in the house? How are property and debts divided at divorce? How do we distinguish between community and non-community property? Very generally, here are the rules for determining what’s community property …
by Lee Ann Sontheimer Murphy In a divorce, what was once called “ours” splits into “his” and “hers.” While you can easily agree not to live together, what will happen to the things you’ve worked so hard to acquire? Dividing the marital assets can be one of the most difficult tasks faced by divorcing couples. But, …